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The latest announcement is out from Churchill Downs ( (CHDN) ).
On July 23, 2025, Churchill Downs Incorporated announced the approval of a new $500 million share repurchase program by its Board of Directors. This program replaces the previous authorization from March 2025 and allows for repurchases at management’s discretion with no set time limit, potentially impacting the company’s financial strategy and shareholder value.
The most recent analyst rating on (CHDN) stock is a Buy with a $167.00 price target. To see the full list of analyst forecasts on Churchill Downs stock, see the CHDN Stock Forecast page.
Spark’s Take on CHDN Stock
According to Spark, TipRanks’ AI Analyst, CHDN is a Outperform.
Churchill Downs’ solid financial performance, strong cash flow management, and strategic acquisitions are key strengths. The technical indicators suggest short-term bullish momentum, though caution is advised due to longer-term indicators and economic uncertainties affecting future projects.
To see Spark’s full report on CHDN stock, click here.
More about Churchill Downs
Churchill Downs Incorporated (CDI), headquartered in Louisville, Kentucky, has been a leader in creating extraordinary entertainment experiences for over 150 years, most notably through the iconic Kentucky Derby. The company has expanded its operations to include live and historical racing entertainment venues, online wagering businesses, and regional casino gaming properties.
Average Trading Volume: 874,814
Technical Sentiment Signal: Hold
Current Market Cap: $7.81B
See more data about CHDN stock on TipRanks’ Stock Analysis page.